Category: Business

Connections reaches a 29% gross profit margin, with a 76% revenue increase in Q3 2025

Connections reaches a 29% gross profit margin, with a 76% revenue increase in Q3 2025

Connections (stock symbol CC), a Romanian technology company listed on the AeRO market of the Bucharest Stock Exchange, announces its financial results for the third quarter of 2025. In the first nine months of 2025, the company recorded a solid performance across its key financial indicators, with group-level revenues reaching 111.1 million RON, up 76% compared to the first nine […]

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Q3 2025 results confirm our prior guidance for growth momentum

Q3 2025 results confirm our prior guidance for growth momentum

Significant performance improvement in Q3, with Document Lifecycle Management and Digital Technologies the key growth drivers AUSTRIACARD HOLDINGS AG (ACAG), the international applied technology group headquartered in Vienna, announces its 9M 2025 financial results. • Group Revenues of €262.4m (14% reduction vs. 9M 2024), adversely impacted by the already realized in H1 2025 normalization in the Turkish payment card market […]

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Vertiv Announces Intent to Acquire PurgeRite, a Leading Provider of Specialized Fluid Management Services

Vertiv Announces Intent to Acquire PurgeRite, a Leading Provider of Specialized Fluid Management Services

Vertiv Holdings Co (NYSE: VRT), a global leader in critical digital infrastructure, announced it has entered into an agreement to acquire Purge Rite Intermediate, LLC, (“PurgeRite”) a leading provider of mechanical flushing, purging and filtration services for data centers and other mission-critical facilities, from Milton Street Capital LLC for approximately $1.0 billion in cash consideration at closing plus the potential […]

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BASF and Carlyle reach binding transaction agreement on coatings business to create a leading standalone company

BASF and Carlyle reach binding transaction agreement on coatings business to create a leading standalone company

BASF and funds managed by global investment firm Carlyle (NASDAQ: CG), in partnership with Qatar Investment Authority (QIA), have entered into a binding agreement relating to BASF’s automotive OEM coatings, automotive refinish coatings, and surface treatment businesses (“BASF Coatings”). The enterprise value of the transaction amounts to €7.7 billion. Subject to customary regulatory approvals, the transaction is expected to close […]

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The Cat Health Company Raises $1.2M to Give Cats a Longer, Healthier Life

The Cat Health Company Raises $1.2M to Give Cats a Longer, Healthier Life

In a move that could change the lives of felines everywhere, The Cat Health Company announced today it has secured additional $1.2 million in financing to fuel the company’s groundbreaking work in longevity therapeutics, with a focus on helping cats have longer and healthier lives. Portfolia’s Active Aging & Longevity Fund II has invested in this round alongside Sonia Arrison’s […]

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Early Game invests €1.5 million in job marketplace YOX

Early Game invests €1.5 million in job marketplace YOX

Early Game Ventures announces a new seed investment in YOX, which promises to revolutionize the blue-collar job market with the help of AI. The €1.5 million round will allow the startup to expand internationally. Frontline Hiring in Future: Finding a job has not really changed since the era when you had to use a pen to circle some job ads […]

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Vodafone Romania announces signing of legal documents to acquire Telekom Romania

Vodafone Romania announces signing of legal documents to acquire Telekom Romania

Vodafone Romania announces signing of relevant legal documents for the transaction to acquire Telekom Romania Mobile Communications. The total value of the transaction is €30 million, which refers exclusively to the elements intended for acquisition by Vodafone Romania. With the closing of the transaction, estimated for the beginning of October this year, Vodafone will take over the control of Telekom […]

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Connections reports financial results above estimates in the first half of 2025 and confirms sustainable growth trajectory

Connections reports financial results above estimates in the first half of 2025 and confirms sustainable growth trajectory

Connections (ticker symbol CC), a Romanian technology company listed on the AeRO market of the Bucharest Stock Exchange, announces consolidated financial results above the forecast level, performance supported by efficient execution, balance between business segments and developments in the public & private software area. During January–June 2025, operating revenues reached RON 48.5 million, up 9% above the half-year estimates and […]

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AUSTRIACARD HOLDINGS AG (ACAG) positioned for sustained growth in the second half of the year

AUSTRIACARD HOLDINGS AG (ACAG) positioned for sustained growth in the second half of the year

Resilient strategic progress, with Document Lifecycle Management and Digital Technologies maintaining strong momentum, despite market normalization in payment cards category in Türkiye • Group Revenues of €163.6m (16% reduction vs. H1 2024), primarily reflecting continued normalization in the Turkish payment card market, a temporary moderation vs. last year’s significant contribution of metal card sales to Fintech in Europe as well […]

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Vertiv acquires Generative AI software leader Waylay NV to enhance critical digital infrastructure operational intelligence, optimization, and services

Vertiv acquires Generative AI software leader Waylay NV to enhance critical digital infrastructure operational intelligence, optimization, and services

Acquisition to strengthen Vertiv’s comprehensive portfolio of digital infrastructure solutions with AI-based infrastructure monitoring, predictive services, and performance optimization   Vertiv Holdings Co (NYSE: VRT), a global leader in critical digital infrastructure, today announced it has acquired Waylay NV, a Belgium-based leader in hyperautomation and generative AI software platforms, as part of its continued investment in AI-driven monitoring and control technologies […]

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Early Game invests €1 Million in space tech startup Orbital Matter

Early Game invests €1 Million in space tech startup Orbital Matter

By combining liquid materials with an extrusion printing method, Orbital Matter has developed and patented a method to make objects in space, reducing launch weight by up to 70% and launch volume by 10 times. Their first launch in space proved the core parts of the technology and achieved a NASA Technical Readiness Level of 5. With Early Game’s investment, […]

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Endava’s Payments Report: 85% of Fintech directors plan market expansion, a trend that can also contribute to the growth of the Romanian ecosystem

Endava’s Payments Report: 85% of Fintech directors plan market expansion, a trend that can also contribute to the growth of the Romanian ecosystem

Endava, the technology-driven business transformation group whose AI-native approach combines cutting edge technology with deep industry expertise, reveals that 85% of fintechs directors are planning to expand into new markets, 77% planning such expansion within 1-3 years, according to its latest report, “Powering Growth in the Global Payments Race” in partnership with Censuswide.  The survey was based on 500 senior […]

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